After years of conflict surrounding the Western Guyanese power plant, an unprecedented agreement has been signed with the Amerindian village of Prospérité, including an endowment fund to support local development.
After years of conflict surrounding the Western Guyanese power plant, an unprecedented agreement has been signed with the Amerindian village of Prospérité, including an endowment fund to support local development.
Ahead of COP29, the Climate Change Committee recommends that the UK commit to an ambitious 81% reduction in greenhouse gas emissions by 2035, reinforcing its role in the global fight against climate change.
Ahead of COP29, the Climate Change Committee recommends that the UK commit to an ambitious 81% reduction in greenhouse gas emissions by 2035, reinforcing its role in the global fight against climate change.
Up to £10 billion of pre-tax value could be unlocked in the North Sea if the UK adopts an incentive-based tax policy, restoring trust between the government and the oil and gas industry.
Up to £10 billion of pre-tax value could be unlocked in the North Sea if the UK adopts an incentive-based tax policy, restoring trust between the government and the oil and gas industry.
Trump's potential return to the "Schedule F" measure could ease energy project approvals but risks legal delays due to the replacement of technical experts with political appointees.
Trump's potential return to the "Schedule F" measure could ease energy project approvals but risks legal delays due to the replacement of technical experts with political appointees.
The Vietnamese government has introduced a decree limiting solar electricity surplus sales to 20% of installed capacity. This cap could hinder industrial and commercial adoption of renewable energy.
The Vietnamese government has introduced a decree limiting solar electricity surplus sales to 20% of installed capacity. This cap could hinder industrial and commercial adoption of renewable energy.
China is rapidly advancing in its energy transition, increasing its renewable energy capacities while remaining dependent on liquefied natural gas to support its growing electricity demand.
China is rapidly advancing in its energy transition, increasing its renewable energy capacities while remaining dependent on liquefied natural gas to support its growing electricity demand.
South Korea will raise industrial electricity rates by 9.7% starting October 24, 2024. This measure, which does not affect households, aims to reduce Kepco's growing losses.
South Korea will raise industrial electricity rates by 9.7% starting October 24, 2024. This measure, which does not affect households, aims to reduce Kepco's growing losses.
Renewable energy production costs, especially wind and solar, continue to decrease in 2024, surpassing fossil fuels in many markets, according to a report by Wood Mackenzie.
Renewable energy production costs, especially wind and solar, continue to decrease in 2024, surpassing fossil fuels in many markets, according to a report by Wood Mackenzie.
The UK launches a plan to modernize its energy infrastructure, aiming to accelerate the transition to renewable energy and reduce costs by 2050, with a focus on offshore wind, hydrogen, and energy storage.
The UK launches a plan to modernize its energy infrastructure, aiming to accelerate the transition to renewable energy and reduce costs by 2050, with a focus on offshore wind, hydrogen, and energy storage.
Cambodia plans to increase its electricity import capacity by over 50% in two years through agreements with Laos, Vietnam, and Thailand, thereby strengthening its energy security and diversifying its renewable sources.
Cambodia plans to increase its electricity import capacity by over 50% in two years through agreements with Laos, Vietnam, and Thailand, thereby strengthening its energy security and diversifying its renewable sources.
Uzbekistan is committing $1.3 billion to waste-to-energy projects, aiming to diversify its energy sources and improve waste management in partnership with international companies.
Uzbekistan is committing $1.3 billion to waste-to-energy projects, aiming to diversify its energy sources and improve waste management in partnership with international companies.
Turkey quadruples its wind and solar capacity to 120 GW by 2035, requiring $108 billion in public and private investments to reduce dependence on fossil fuels and support a carbon-neutral economy.
Turkey quadruples its wind and solar capacity to 120 GW by 2035, requiring $108 billion in public and private investments to reduce dependence on fossil fuels and support a carbon-neutral economy.
The French government presents its first multi-year strategy aimed at increasing low-carbon investments by €110 billion by 2030, thereby supporting the country's ecological and energy transition.
The French government presents its first multi-year strategy aimed at increasing low-carbon investments by €110 billion by 2030, thereby supporting the country's ecological and energy transition.
Alex Saab, a businessman released by the United States, succeeds Pedro Rafael Tellechea as Minister of Industry and National Production in Venezuela, thereby strengthening President Nicolas Maduro's efforts to revive the country's industrial sector.
Alex Saab, a businessman released by the United States, succeeds Pedro Rafael Tellechea as Minister of Industry and National Production in Venezuela, thereby strengthening President Nicolas Maduro's efforts to revive the country's industrial sector.
The Mexican Senate approves a constitutional reform strengthening state control over the electricity sector, redefining the status of the Federal Electricity Commission (CFE) and Pemex. This initiative aims to ensure low-cost services.
The Mexican Senate approves a constitutional reform strengthening state control over the electricity sector, redefining the status of the Federal Electricity Commission (CFE) and Pemex. This initiative aims to ensure low-cost services.
Members of the Finance Committee have rejected a planned increase in the electricity tax, influenced by various amendments and concerns related to energy poverty. However, the project will be re-examined in a plenary session.
Members of the Finance Committee have rejected a planned increase in the electricity tax, influenced by various amendments and concerns related to energy poverty. However, the project will be re-examined in a plenary session.
At COP29 in Baku, discussions focus on the importance of public financing from developed nations to achieve global climate objectives, according to Simon Stiell, Executive Secretary of UN Climate.
At COP29 in Baku, discussions focus on the importance of public financing from developed nations to achieve global climate objectives, according to Simon Stiell, Executive Secretary of UN Climate.
Africa is resolutely moving towards a renewable energy transition, combining economic growth with addressing the energy needs of 1.5 billion inhabitants. This evolution presents both strategic opportunities and complex challenges.
Africa is resolutely moving towards a renewable energy transition, combining economic growth with addressing the energy needs of 1.5 billion inhabitants. This evolution presents both strategic opportunities and complex challenges.
Discussions at COP29 in Baku are advancing on the climate finance goal, with three options on the table to determine contributions from wealthy countries to developing nations.
Discussions at COP29 in Baku are advancing on the climate finance goal, with three options on the table to determine contributions from wealthy countries to developing nations.
Panamanian authorities have launched an energy auction open to new and existing power plants. Wind, solar, hydropower, and biomass projects can participate in this procurement exercise aimed at supplying energy between 2025 and 2030.
Panamanian authorities have launched an energy auction open to new and existing power plants. Wind, solar, hydropower, and biomass projects can participate in this procurement exercise aimed at supplying energy between 2025 and 2030.
The French government assures that no increase in gas taxes will be implemented, thereby contradicting previous statements by the Minister of Ecological Transition.
The French government assures that no increase in gas taxes will be implemented, thereby contradicting previous statements by the Minister of Ecological Transition.
